According to the public record, 7A, Luther Road, Bournemouth is a period leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 7, Luther Road, Bournemouth, BH9.
Luther Road, Bournemouth, BH9 is located within the BH9 postal district.
7A, Luther Road, Bournemouth has 2 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7A Luther Road Bournemouth as £181,323 and the rental value as £1,016 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 7A Luther Road Bournemouth has increased by £2,063 (1.1%) and its rental value has increased by £35 per month (3.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7A, Luther Road, Bournemouth is in very good condition we estimate a sale value of £190,389 and rental value of £1,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,630 and a rental value of £945 per month.
If you were able to purchase this property for the estimated value of £181,323, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £891 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 7A, Luther Road, Bournemouth was last sold on 26 Apr 2021 for £155,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7A, Luther Road, Bournemouth within a radius of 410 metres over the last 2 years.
The most recent example is 4, The Old Granary 488A, Wimborne Road, Bournemouth, BH9 2EY, a Leasehold flat which sold for £157,500 in Oct 2023.
Read more about house prices in BH9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luther Road, Bournemouth, BH9 has a total of 60 addresses. According to our analysis of all the public data, 7A, Luther Road, Bournemouth is the 59th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in BH9.
7A, Luther Road, Bournemouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7A, Luther Road, Bournemouth is Bournemouth station which is 2.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7A, Luther Road, Bournemouth, 44.7% of property is privately rented and 31.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7A, Luther Road, Bournemouth, 38.9% of residents are recorded as possessing school level qualifications and 30.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7A, Luther Road, Bournemouth, the average age was 33.6 and the most common age was 22.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7A, Luther Road, Bournemouth, 0.3% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7A, Luther Road, Bournemouth, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.